Saudi ‘Arheb’ Offers Smart Shared Transport Solutions, Preserves Saudi Environment

Arheb application for shared transportation (Photo: Abdullah Al-Falih)
Arheb application for shared transportation (Photo: Abdullah Al-Falih)
TT

Saudi ‘Arheb’ Offers Smart Shared Transport Solutions, Preserves Saudi Environment

Arheb application for shared transportation (Photo: Abdullah Al-Falih)
Arheb application for shared transportation (Photo: Abdullah Al-Falih)

Saudi Arabia’s “Arheb” transportation platform will connect drivers and passengers wishing to travel together between the country’s governorates and cities, in addition to neighboring Gulf and Arab countries.

Arheb ensures the lowest cost of transportation for users and provides weekly and monthly packages for employees and students at competitive prices.

Arheb is the first ridesharing application in Asia and Africa that offers an integrated carbon footprint calculator.

The application aligns with Crown Prince Mohammed bin Salman’s “Saudi Green” initiative, which works to increase Saudi Arabia’s dependence on clean energy, reduce carbon emissions and protect the environment.

“Arheb is a 100 % Saudi application launched from Makkah. It employs 1,800 captains, including 500 women,” said Salem bin Shamekh, general manager of the Arheb Information Technology Company.

“It is considered the giant of shared transportation within cities in Saudi Arabia, and also provides private economic and luxury trips outside the cities,” Shamekh told Asharq Al-Awsat.

“Our prices are very acceptable,” affirmed the general manager.

Arheb provides ridesharing with the lowest seat cost in intercity travel and the cheapest commission in ridesharing applications.

The application offers travels to the UAE, Bahrain, Qatar, Oman, and Jordan.

Prices for trips between Saudi cities start at SAR 19 ($5).

The starting fares for trips from Saudi Arabia to Gulf countries is SAR 19 ($5) as well.

From Riyadh to Doha it costs SAR 99 ($26.4). Prices from Tabuk to Amman, the capital of Jordan, start at SAR 89 ($23.7).

Shamekh revealed that Arheb will be participating in the upcoming Hajj season by providing a fleet of buses as well as shared cars between cities to serve the pilgrims, indicating that the reservation of seats will be through the application directly.



Turkish Annual Inflation Falls More Than Expected to 44.38%

A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Türkiye March 4, 2024. REUTERS/Murad Sezer/File photo
A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Türkiye March 4, 2024. REUTERS/Murad Sezer/File photo
TT

Turkish Annual Inflation Falls More Than Expected to 44.38%

A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Türkiye March 4, 2024. REUTERS/Murad Sezer/File photo
A shopkeeper uses his mobile phone as he waits for customers at a popular middle-class shopping district in Istanbul, Türkiye March 4, 2024. REUTERS/Murad Sezer/File photo

Turkish annual consumer price inflation fell more than expected to 44.38% in December, official data showed on Friday, with education, housing and restaurant prices leading the rise.

Month on month, inflation was 1.03%, the Turkish Statistical Institute said, compared with 2.24% in November. Annual consumer price inflation (CPI) was 47.09% in November.

Furniture prices rose 2.78% from the previous month, data showed, while telecoms-related prices gained by 1.82%.

In a Reuters poll, the annual inflation rate was expected to fall to 45.2%, with the monthly figure seen at 1.61%, owing to easing food price inflation and a limited rise in energy prices.

The latest inflation print was close to the central bank's midpoint prediction of 44% for the end of 2024.

The bank, having kept its main interest rate steady at 50% since March, launched an easing cycle last week, cutting the policy rate by 250 basis points to 47.5%.

The bank said it will set policy "prudently" meeting by meeting with a focus on the inflation outlook while responding to any expected "significant and persistent deterioration".

The Turkish lira was little changed after the data at 35.3850 to the dollar, hovering around the record lows.

The domestic producer price index was up 0.4% month on month in December for an annual rise of 28.52%, the data showed.